Mortgage Rates Fall Fast as Tariffs Trigger Mass Stock Selloff, Economy at Risk
On The Market
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Market Reactions to Tariffs and Economic Forecasts
This chapter examines the impact of new tariffs on the stock market, marked by a significant drop in the Dow Jones, despite solid job growth. It also discusses the decline in bond yields affecting mortgage rates, highlighting potential advantages for real estate investors amid recession and inflation concerns. The speaker warns about the looming threat of stagflation and its implications for the economy and housing market.
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